Insiders loading up ...
500K options to certain RNTK insiders.About 290K to a few officers. So some dilution, but nothing major. From recent SEC filing. Insiders own about 2MM. Best case scenario is that they are expecting TX deal and want to buy the shares before the deal is announced.
Number of Shares Shares On Completion of the Offering
Shareholder Record Indirect Offered(1) Record ---- ---------- ------ -------- -----
Charles B. Benham 275,440 488,380 80,000
Mark S. Bohn 443,431 289,592 20,000
Ronald C. Butz 533,583 488,380 80,000
James P. Samuels 127,500 579,500 10,000
Erich W. Tiepel 123,277 272,448 20,000
Dennis L. Yakobson 404,354 499,900 80,000
---------
Total 290,000
Remember , Dennis made very modest salary for many years,, he also put in his own money time to time to buy rubber bands,, staples,,
This is a good sign ,,, when insiders are buying up the options,, they are expecting a pay day ,,,
Joe |
